Commodity Prices

Gold •15 mins	2,399.70	+11.30	+0.47%
Platinum •15 mins	957.20	+3.00	+0.31%
WTI Crude •10 mins	82.69	+0.54	+0.66%
Gasoline •10 mins	2.720	-0.008	-0.31%
Ethanol •19 hours	2.161	+0.000	+0.00%
Silver •15 mins	28.43	+0.03	+0.09%

Silver • 15 mins	28.43	+0.03	+0.09%
Copper • 15 mins	4.440	+0.101	+2.32%
Brent Crude • 10 mins	87.05	-0.24	-0.27%
Natural Gas • 10 mins	1.761	+0.049	+2.86%
Heating Oil • 10 mins	2.538	-0.037	-1.42%

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AUD/USD: Bullish Intraday Reversal

By - Apr 09, 2013, 5:36 AM CDT

AUD/USD made a bullish intraday reversal yesterday, invalidating a potential double-top formation. An hourly resistance can be found at 1.0454. Another resistance is at 1.0497 (26/03/2013 high). Hourly supports are at 1.0381 (intraday low) and 1.0348 (08/04/2013 low).

In the medium-term, AUD/USD is moving within the horizontal range defined by the support at 1.0149 (08/10/2012 low) and the resistance at 1.0613 (09/08/2012 high). The recent technical improvements favour a test of the top of this range.

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